Call reports 2009
PREFERRED COMMUNITY BANK — 2009
What PREFERRED COMMUNITY BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 41,835,000 | 50,666,000 | 53,979,000 | 57,630,000 |
| Total loans | 25,159,000 | 31,798,000 | 35,794,000 | 38,017,000 |
| Allowance for loan losses | 383,000 | 417,000 | 537,000 | 794,000 |
| Securities available for sale | 9,839,000 | 8,277,000 | 7,903,000 | 6,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,961,000 | 34,819,000 | 39,409,000 | 43,973,000 |
| Interest-bearing deposits | 28,337,000 | 32,219,000 | 36,670,000 | 41,277,000 |
| Noninterest-bearing deposits | 1,624,000 | 2,600,000 | 2,739,000 | 2,696,000 |
| Equity capital | 10,399,000 | 10,159,000 | 10,038,000 | 9,750,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 492,000 | 1,024,000 | 1,641,000 | 2,276,000 |
| Interest expense | 231,000 | 489,000 | 776,000 | 1,043,000 |
| Net interest income | 261,000 | 535,000 | 865,000 | 1,233,000 |
| Noninterest income | 13,000 | 32,000 | 63,000 | 128,000 |
| Noninterest expense | 516,000 | 1,053,000 | 1,618,000 | 2,271,000 |
| Provision for loan losses | 68,000 | 182,000 | 315,000 | 572,000 |
| Pretax income | -256,000 | -614,000 | -951,000 | -1,343,000 |
| Income tax | -99,000 | -233,000 | -359,000 | -506,000 |
| Net income | -157,000 | -381,000 | -592,000 | -837,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,462,000 | 9,120,000 | 8,800,000 | 8,419,000 |
| Total capital | 9,832,000 | 9,537,000 | 9,337,000 | 9,029,000 |
| Risk-weighted assets | 28,528,000 | 41,369,000 | 45,430,000 | 48,578,000 |